« More Lessons for a Tyro Blogger | Main | Pirates Defections »

October 02, 2006

Amaranth Death March Continues

Amaranth is liquidating its positions following its huge energy market bet losses. Industry giant Fortress Investment is reputed to be assisting in the process.

Litigation vs. Amaranth by disgruntled investors who got stuck is anticipated. There may be a bit of a pot for investors tho - as apparently some of the Amaranth assets are fetching higher prices in liquidation than was anticipated.

Is this the end for Amaranth?

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/t/trackback/1083248/6249782

Listed below are links to weblogs that reference Amaranth Death March Continues:

Comments

Post a comment

If you have a TypeKey or TypePad account, please Sign In